The Board of Directors:

A) consists exclusively of the officers of the corporation.
B) is the legal body which is accountable for the governance of the corporation.
C) are not subject to the external forces of the marketplace.
D) is appointed by the Securities and Exchange Commission (SEC).

Answer: B

Business

You might also like to view...

Because people use business reports to make high-stakes decisions, the research should be

What will be an ideal response?

Business

The instrument used to transfer title to personal property is the:

A: Chattel mortgage; B: Bill of sale; C: Security agreement; D: Notice of bulk transfer.

Business